Info
🔗 Back to Summary. 🇫🇷 French Version: 2023R1616_FR.20. Back to Summary of LVL1. Open the PDF. Direct link to EUR-LEX.
Article 19 – General provisions ⬅️ | ➡️ Article 21 – Steps of the valuation
Article 20 - Inventory of assets and claims
1.
The valuer shall establish an inventory of all identifiable and contingent assets owned by the CCP. That inventory shall include assets for which the existence of associated cash flows is demonstrated or can reasonably be expected.
2.
The CCP shall make available to the valuer a list of all claims and contingent claims against the CCP. That list shall categorise all claims and contingent claims according to their priority under normal insolvency proceedings. The valuer shall be allowed to enter into arrangements for specialist advice or expertise as regards the consistency of the ranking of claims with the applicable insolvency law.
3.
The valuer shall separately identify encumbered assets and claims secured by those assets.